Microsoft underpins cloud security with Adallom acquisition
Microsoft has bought out cloud security firm Adallom in a deal carrying an estimated value of $300m.
The firm’s security solutions, compatible with applications such as Salesforce, Box, Dropbox, ServiceNow, Ariba, and Office 365, measure usage to register anomalies within networks.
Takeshi Numoto, corporate vice president of cloud and enterprise marketing at Microsoft, said: “With more frequent and advanced cybersecurity attacks continuing to make headlines, customer concerns around security remain top of mind.
“Adallom expands on Microsoft’s existing identity assets, and delivers a cloud access security broker, to give customers visibility and control over application access as well as their critical company data stored across cloud services.”
Adallom was founded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik.